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These Numbers Show Just How Powerful PayPal Holdings Inc (NASDAQ: PYPL) Stock ‎Is

PayPal Holdings Inc (NASDAQ:PYPL) price closed higher on Friday, February 09, jumping 58.91% below its previous close.

A look at the daily price movement shows that the last close reads $69.08. The company’s 5Y monthly beta was ticking 1.47 while its P/E ratio in the trailing 12-month period read 15.31. Taking into account the 52-week price action we note that the stock hit a 52-week high of $82.85 and 52-week low of $50.25. The stock subtracted -3.36% on its value in the past month.

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PayPal Holdings Inc, which has a market valuation of $63.51 billion, is expected to release its quarterly earnings report May 06, 2024 – May 10, 2024. Analysts tracking PYPL have forecast the quarterly EPS to grow by 1.22 per share this quarter, while the same analysts predict the annual EPS to hit $5.19 for the year 2024 and up to $5.68 for 2025. In this case, analysts estimate an annual EPS growth of 1.80% for the year and 9.40% for the next year.

On average, analysts have forecast the company’s revenue for the quarter will hit $7.51 billion, with the likely lows of $7.38 billion and highs of $7.65 billion. The average estimate suggests sales growth for the quarter will likely rise by 6.70% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $31.87 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 7.10% above that which the company brought in 2024.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with 4 upward and no downward reviews. On the technical perspective front, indicators give PYPL a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 25% Sell, while an average of long term indicators are currently assigning the stock as 50% Sell.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.77. The overview shows that PYPL’s price is at present 8.64% off the SMA20 and 11.05% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.62, with weekly volatility standing at 3.69%. The indicator jumps to 4.21% when calculated based on the past 30 days. PayPal Holdings Inc (NASDAQ:PYPL)’s beta value is holding at 1.45, while the average true range (ATR) indicator is currently reading 2.69.

Turning out attention to how the PayPal Holdings Inc stock has performed in comparison to its peers in the industry, here’s what we find: PYPL’s stock is 58.91% on the day and -26.10% in the past 12 months, while Apple Inc. (AAPL) traded 0.41%% in the last session and was positioned 22.75% up on its price 12 months ago. Turning out attention to how the PayPal Holdings Inc stock has performed in comparison to its peers in the industry, here’s what we find: PYPL’s stock is 58.91% on the day and -26.10% in the past 12 months, while Apple Inc. (AAPL) traded 0.41%% in the last session and was positioned 22.75% up on its price 12 months ago. Another comparison is with Alphabet Inc. Cl C (GOOG) whose stock price was up 2.04%% in the last trading session, and has flourished 58.13% over the past year. Also, Alphabet Inc. Cl A (GOOGL) showed up trend of 2.12%% while its price kept floating at 57.49% over the past year. As for PayPal Holdings Inc, the P/E ratio stands at 15.31 lower than that of Apple Inc.’s at 29.38 and Alphabet Inc. Cl C’s 25.88.

An analysis of the PayPal Holdings Inc (NASDAQ:PYPL) stock in terms of its daily trading volume indicates that the 3-month average is 1.68. However, this figure increases on the past 10-day timeline to an average of 23.9 million.

Current records show that the company has 1.07B in outstanding shares. The insiders’ percentage holdings are 0.88% of outstanding shares while the percentage share held by institutions stands at 67.74%. The stats also highlight that short interest as of Jan 31, 2024, stood at 18.83 million shares, which puts the short ratio at the time at 0.89. From this we can glean that short interest is 1.76% of company’s current outstanding shares. Notably, we see that shares short in January fall slightly given the previous month’s figure stood at 23.11 million. But the -4.07% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.